Latest news about KPI Green Energy
KPI Green Energy wins ₹2,025 crore solar EPC order from NACOF Oorja
KPI Green Energy
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More news about KPI Green Energy
28Sept 26
KPI Green Energy incorporates KPGC Two for renewable energy business
KPI Green Energy incorporated KPGC Two Private Limited on September 26, 2026. The new entity is a wholly owned subsidiary focused on renewable energy. Authorized and subscribed capital stands at ₹1,00,000. The subsidiary aims to engage in electricity generation, storage, and distribution.
26Sept 26
KPI Green subsidiary completes 62.91% stake buy in DMGEL
Sun Drops Energia Limited acquired **62.91%** equity stake in DEK and Mavericks Green Energy Limited. Transaction involved **1,07,47,760** equity shares and concluded on September 26, 2026. DMGEL is now a step-down subsidiary of KPI Green Energy Limited. Acquisition follows initial intimation dated August 21, 2026, regarding potential 100% stake purchase.
26Sept 26
KPI Green Energy passes material RPT resolution with 64% support
Resolution passed with 64.16% votes in favor and 35.84% against. Public institutions voted 84.45% against the related party transaction. Public non-institutions voted 99.76% in favor of the proposal. Promoters and promoter group abstained from voting on the resolution.
22Sept 26
KPI Green Energy confirms analyst meeting for September 28
KPI Green Energy Limited scheduled an analyst meeting for September 28, 2026. Event is part of a three-day investor engagement period in Mumbai ending September 30. Discussions will be limited to publicly available information per SEBI regulations. Schedule includes JM Financial Conclave on September 24 and Investor Day on September 30.
06Sept 26
KPI Green Energy files FY26 BRSR report with ₹2,69,590 lakh turnover
KPI Green Energy reported FY26 turnover of ₹2,69,590.99 lakh. Construction segment drove 90.75% of total revenue. CSR spending reached ₹1143.55 lakh in FY26. Zero safety incidents reported across all operations. Related-party purchases rose sharply to 58.02% of total.
05Sept 26
KPI Green Energy sets ₹0.40 final dividend for FY26 at upcoming AGM
KPI Green Energy holds 18th AGM on September 29, 2026. Final dividend of ₹0.40 per share declared for FY26. Includes ₹0.15 special dividend component. M S K C & Associates LLP appointed as statutory auditor.
05Sept 26
KPI Green Energy sets Sept 22 record date for Re. 0.40 final dividend
KPI Green Energy sets September 22, 2026, as the record date for its FY26 final dividend. Total payout is Re. 0.40 per share, comprising Re. 0.25 final and Re. 0.15 special dividend. Shareholders must submit tax documents by September 21, 2026, to avail applicable TDS rates. The dividend is subject to approval at the ensuing Annual General Meeting.
02Sept 26
KPI Green Energy appoints MSKC & Associates as Sun Drops Energia auditor
M/s. MSKC & Associates LLP appointed as statutory auditor for Sun Drops Energia Limited. Appointment fills casual vacancy left by resignation of K A Sanghavi & Co LLP. Change aims to align subsidiary auditor with holding company KPI Green Energy Limited. MSKC & Associates recommended for five-year term subject to shareholder approval.
02Sept 26
KPI Green Energy accepts CFO Salim Yahoo's resignation effective Sept 2
Salim Yahoo resigns as CFO and KMP of KPI Green Energy. Resignation effective September 2, 2026, serving as last working day. Update issued under Regulation 30 of SEBI LODR Regulations, 2015. Follows initial intimation dated August 11, 2026.
01Sept 26
KPI Green Energy secures LOI for 33.6/76.6 MW wind-solar hybrid project
KPI Green Energy received a Letter of Intent for a 33.6/76.6 MW DC Wind-Solar Hybrid Project. The project is to be completed within 14 months. The project carries a 25-year term starting from the commencement date.
28Aug 26
KPI Green Energy commissions 200 MW solar project, syncs 50 MW hybrid
KPI Green Energy's IPP portfolio reaches 2.57 GWp, with 1.16 GWp energized. 200 MW Khavda solar project commissioned and injecting power. 50 MW hybrid project synchronized ahead of July 2026 schedule. 269.70 MW of 370 MW hybrid project now commissioned. Subsidiary secures 565 MW / 1130 MWh battery storage deals.
26Aug 26
KPI Green Energy adds record 630+ MW capacity in Q2FY27
KPI Green Energy energized a record 630+ MW DC capacity in Q2FY27. The addition spans both IPP and EPC/CPP business verticals. Q2FY27 additions exceed the cumulative 533 MW capacity as of Dec 2024. Execution pace supports KP Group's 10 GW target by 2030.
25Aug 26
KPI Green Energy seeks shareholder approval for ₹5,500 crore related party deals
KPI Green Energy seeks approval for related party transactions with subsidiary Sun Drops Energia. Proposed deal value reaches ₹5,500 crore, including ₹3,000 crore in loans and advances. Transactions represent 185.46% of KPI Green's FY25-26 consolidated turnover. E-voting window opens on August 26, 2026, and closes on September 24, 2026.
24Aug 26
KPI Green Energy to host investor meet at DAM Capital conference
KPI Green Energy to host investors at DAM Capital Renewable Energy Conference. Meeting scheduled for August 27, 2026, in Mumbai from 10:00 am to 5:00 pm. Management will engage in group and one-to-one sessions with analysts.
24Aug 26
KPI Green Energy signs LOI with Saudi’s Raz Holding for strategic investment
KPI Green Energy signs non-binding LOI with Saudi-based Raz Holding Group for strategic investment or collaboration. Transaction structure to include acquisitions, capital infusion, or collaboration pending due diligence. Deal subject to regulatory approvals under FEMA, RBI, SEBI, and competition laws. Exclusivity period set for 90 days, valid until November 18, 2026. Move highlights growing international interest in India's renewable energy sector.
21Aug 26
KPI Green Energy subsidiary to acquire DMGEL stake for ₹55.80 crore
Sun Drops Energia to acquire up to 100% stake in DMGEL for ₹55.80 crore. Consideration involves issuance of 15,89,781 CCPS at ₹32.66 per share. DMGEL turnover grew from ₹3,062 lakh in FY24 to ₹21,398 lakh in FY26. Transaction includes related-party component involving promoter Dr. Faruk G. Patel. Deal completion targeted by September 30, 2026.
20Aug 26
KPI Green Energy hosts investor site visit in Gujarat on Aug 25
KPI Green Energy Limited announced a site visit for analysts and institutional investors scheduled for August 25, 2026, at its Gujarat renewable energy projects. The disclosure was made under SEBI Regulation 30. The company emphasized that discussions will remain within publicly available information, with no UPSI shared. The schedule is subject to change based on investor or company requirements.
18Aug 26
KPI Green Energy releases Q1FY27 earnings call transcript
KPI Green Energy Ltd released its Q1FY27 earnings call transcript on August 18, 2026. The company reported ₹710 crore revenue, up 16% YoY, but PAT fell to ₹95 crore due to higher depreciation and interest costs. Portfolio capacity grew 71% to 6.94 GW. New CFO Kapil Kriplani replaced Salim Yahoo. Management highlighted international expansion in Botswana and UAE, and noted geopolitical impacts on EPC margins.
17Aug 26
KPI Green Energy energizes 130 MW solar capacity at Bharuch
KPI Green Energy Limited expanded its renewable portfolio by energizing 130 MW AC of solar capacity at its Bharuch wind-solar hybrid project. The cumulative capacity now reaches 269.7 MW AC, backed by a long-term PPA with GUVNL. This development reinforces the company's focus on stable, annuity-based revenue streams from its IPP operations.
07Aug 26
KPI Green Energy to host analyst meet at Emkay Confluence 2026
KPI Green Energy Limited announced its participation in the Emkay Confluence 2026 on August 13, 2026, in Mumbai. Management will hold group and one-on-one sessions with analysts and institutional investors. The company confirmed that only publicly available information will be discussed, ensuring regulatory compliance under SEBI LODR Regulations.
07Aug 26
KPI Green Energy Q1 Results: Earnings call scheduled for Aug 12
KPI Green Energy Limited announced an earnings conference call for August 12, 2026, to review Q1FY27 results. The session, compliant with SEBI LODR regulations, will feature Group CEO Dr. Alok Das and CFO Salim Yahoo. Investors can participate via domestic or international toll-free numbers provided in the disclosure.
27Jul 26
KPI Green Energy shareholders approve Shrivastava as WTD and Birappa's re-appointment
KPI Green Energy Limited has secured shareholder approval for key leadership appointments via postal ballot. Rajesh Shrivastava was appointed as Director and Whole Time Director, while Venu Birappa was re-appointed as an Independent Director. The resolutions passed with significant majority support, driven by unanimous promoter backing and high retail participation.
21Jul 26
KPI Green Energy commissions 269 MW solar plant for Coal India
KPI Green Energy has successfully commissioned 200 MW (AC) / 269 MW (DC) of solar power capacity for Coal India Limited at Khavda, Gujarat, as certified by GEDA. The project is part of a larger 300 MW (AC) / 405 MW (DC) grid-connected ground-mounted Solar PV initiative being executed on an EPC basis within GIPCL's Solar Park. The company is targeting a 10 GW clean energy portfolio by 2030.
20Jul 26
KPI Green Energy Secures CEIG Approval for 100 MW Solar Project in Maharashtra
KPI Green Energy Limited has received CEIG charging permission from the Chief Electrical Inspector, Nagpur, for its 100 MW (AC)/128 MW (DC) grid-connected ground-mounted solar PV project executed on a turnkey EPC basis for MAHAGENCO at Ramthi, Narkhed, District Nagpur, Maharashtra. The approval marks a key regulatory milestone for project commissioning and expands the company's presence into Maharashtra with a marquee state-utility project.
04Jul 26
KPI Green Energy appoints Prof. Sunil Kumar Maheshwari as Vice-Chairman
KPI Green Energy Limited has appointed Prof. Sunil Kumar Maheshwari as Vice-Chairman (Non-Executive Director) of its Board, effective July 03, 2026, pending shareholder approval. The appointment, approved by the Board based on the recommendation of the Nomination and Remuneration Committee, leverages Prof. Maheshwari's nearly four decades of experience in academia, public sector, and industry to strengthen governance and strategic leadership.
04Jul 26
KPI Green Energy grants 75,000 stock options at Rs. 35
KPI Green Energy granted 75,000 stock options to an eligible employee under its Employee Stock Option Plan 2023 at an exercise price of Rs. 35 per share. The options, approved by the Nomination and Remuneration Committee on July 03, 2026, vest over four years with a minimum period of one year. The scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
26Jun 26
KPI Green Energy opens e-voting for director appointments
KPI Green Energy has commenced remote e-voting for its postal ballot to approve the appointment of Mr. Rajesh Shrivastava as Whole Time Director and the re-appointment of Mrs. Venu Birappa as Non-Executive Independent Director. The e-voting process runs from June 26, 2026, to July 25, 2026, with results expected by July 28, 2026. The company reported a standalone revenue of ₹198,949.65 lakh and a profit after tax of ₹39,272.86 lakh for 2025-26.
20Jun 26
KPI Green Energy incorporates KPGC One to expand renewable operations
KPI Green Energy has incorporated a wholly owned subsidiary, KPGC One Private Limited, on June 18, 2026, to expand its renewable energy operations. The subsidiary has an authorized and subscribed capital of ₹1,00,000 and is 100% owned by the parent company.
18Jun 26
KPI Green Energy to host analysts at Gujarat sites on Jun 22
KPI Green Energy Ltd will host a group of analysts and institutional investors during a site visit on June 22, 2026, at its Solar and Wind project sites in Gujarat. The company confirmed that discussions will be restricted to public domain information and no unpublished price sensitive information will be shared. The schedule is subject to change due to exigencies.
06Jun 26
KPI Green Energy confirms no encumbrance on promoter shares in FY26
KPI Green Energy disclosed that no new encumbrances were created on shares by its promoters or persons acting in concert (PAC) during the financial year ended March 31, 2026. The declaration, submitted to BSE and NSE on April 04, 2026, was made by Faruk G. Patel, Promoter and Chairman & Managing Director, under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirmed that aside from previously disclosed information, no direct or indirect encumbrance exists on the company's shares. An annexure listed the seven members of the promoter and promoter group.
04Jun 26
KPI Green Energy to hold analyst meet on June 11
KPI Green Energy Limited will participate in an analyst and institutional investor meet on June 11, 2026. The virtual meeting, organized by Choice Institutional Equities, is scheduled from 10:00 AM to 11:00 AM. The company confirmed that discussions will be based on publicly available documents and no unpublished price sensitive information will be disclosed.
26May 26
KPI Green Energy to attend 360 ONE Capital conference on May 28
KPI Green Energy Limited is set to attend the 360 ONE Capital (B&K) 16th Annual Investor Conference - TRINITY INDIA 2026 on May 28, 2026. The management will hold physical meetings in Mumbai, adhering to regulatory norms by discussing only publicly available information.
20May 26
KPI Green Signs 120 MW BESS Deal With GUVNL
KPI Green Energy's subsidiary, Sun Drops Energia Limited, executed a Battery Energy Storage Purchase Agreement with GUVNL for a 120 MW / 240 MWh project under Phase-VIII bidding. Supported by Viability Gap Funding, this project brings the Group's total standalone BESS portfolio to 565 MW / 1,130 MWh.
19May 26
KPI Green Energy Appoints Rajesh Shrivastava as Whole Time Director; Re-appoints Venu Birappa as Independent Director
KPI Green Energy's Board of Directors on May 15, 2026 approved the appointment of Rajesh Shrivastava, a seasoned leader with nearly 37 years of experience across power and renewable energy sectors, as Additional Director and Whole Time Director for five years. The board also re-appointed Venu Birappa, who brings nearly four decades of power sector expertise, as Non-Executive Independent Director for a second consecutive five-year term effective August 3, 2026, both subject to shareholder approval.
19May 26
KPI Green Energy Grants 26,261 Stock Options to Employee Under ESOP 2023
KPI Green Energy Limited granted 26,261 stock options to an eligible employee under its ESOP 2023 scheme on May 15, 2026, at an exercise price of Rs. 35/- per share with a face value of Rs. 5/- each. All options vest at the end of the first year from the date of grant and must be exercised within three months of vesting. The grant complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and was disclosed to BSE and NSE under Regulation 30 of SEBI Listing Regulations.
18May 26
KPI Green Energy Management to Participate in YES Securities Institutional Equities Conference on May 21, 2026
KPI Green Energy Limited has intimated stock exchanges about its management's participation in the YES Securities 1st Flagship Institutional Equities Conference – India Manthan 2026, scheduled for May 21, 2026, in Mumbai. The physical meeting, running from 09:00 AM to 05:00 PM, will include group and one-to-one sessions with analysts and institutional investors. The company confirmed that discussions will be restricted to publicly available information, with no unpublished price sensitive information (UPSI) to be shared. The disclosure was filed on May 18, 2026, by Company Secretary & Compliance Officer Krunal Bhatt.
13May 26
KPI Green Energy Q4FY26 Results: Net Profit at 1.45B Rupees; Conf Call Audio Available
KPI Green Energy reported strong Q4FY26 consolidated results with net profit rising to 1.45B rupees and EBITDA surging to 2.91B rupees, as EBITDA margin expanded to 36.55% from 28.30% YoY. The company published its audited results in leading newspapers on May 07, 2026, and submitted the audio recording of its May 12, 2026 earnings conference call to BSE and NSE per Regulation 30 of SEBI (LODR) Regulations, 2015.
09May 26
KPI Green Energy Secures ₹621 Crore NOAs from NTPC Renewable Energy Limited for 500 MW Solar BOS Project in Rajasthan
KPI Green Energy Limited has secured Notifications of Award from NTPC Renewable Energy Limited for a 500 MW Grid Connected Solar PV BOS project in Bikaner, Rajasthan, with an aggregate contract value of ₹621 crore excluding GST. The award is split into two blocks — 300 MW valued at ₹367 crore and 200 MW at ₹254 crore — covering supply, installation, civil works, and O&M services for 3 years from COD plus a 10-year AMC. This marks KPI Green Energy's significant entry into Rajasthan, expanding its geographical footprint in India's renewable energy sector.
07May 26
KPI Green Energy FY26 Results: Consolidated PAT ₹509 Cr, Revenue ₹2,742 Cr, Dividend Re 0.40
KPI Green Energy Limited reported strong FY26 consolidated results with Total Revenue of ₹2,742 crore (+56% YoY) and PAT of ₹509 crore (+57% YoY). The Board recommended a total dividend of Re. 0.40 per share, comprising a Final Dividend of Re. 0.25 and a Special Dividend of Re. 0.15 per share. Key strategic milestones included a ₹979 crore Canara Bank sanction, India's first externally credit-enhanced green bond of ₹670 crore, BESS project execution with GUVNL, and receipt of pan-India power trading licences.
07May 26
KPI Green Energy Submits Monitoring Agency Report for Quarter and Year Ended March 31, 2026
KPI Green Energy Limited submitted its Monitoring Agency Report for the quarter and year ended March 31, 2026, on May 06, 2026, covering the utilisation of proceeds from a preferential issue of 1,01,00,000 convertible warrants at INR 470.30 per warrant, with a total issue size of INR 475.003 Crores. As on March 31, 2026, the company had received INR 118.751 Crores as 25% upfront consideration, which was fully utilised towards the development of existing and upcoming IPP projects, including INR 68.751 Crores paid to related party KP Energy Limited. India Ratings & Research Private Limited, the designated Monitoring Agency, confirmed no deviation from the stated objects of the issue. The balance 75% of the warrant value, at INR 357.428 per warrant, remains payable upon exercise of the conversion option within the 18-month tenure.
06May 26
KPI Green Energy Plans Expansion Into BESS, Energy Trading, Green Hydrogen, Floating Solar, Offshore Wind, and Pump Storage Projects
KPI Green Energy has outlined plans to grow by exploring six key areas: Battery Energy Storage Systems (BESS), energy trading, green hydrogen projects, floating solar, offshore wind, and pump storage projects. The strategy reflects a broad diversification across both renewable energy generation and storage technologies. This multi-segment approach positions the company across several emerging and established segments of India's clean energy sector.
06May 26
KPI Green Energy Installs First 'Make In India' 4.2MW Wind Turbine by Senvion India in South Gujarat
KPI Green Energy has become the first Indian company to install a 4.2 MW wind turbine generator (4.2M160) manufactured by Senvion India in South Gujarat under the 'Make In India' initiative. The turbine, part of the 4XM platform with a 160-metre rotor diameter and 140-metre hub height, features over 85% localisation and was included in the ALMM in December 2025, marking a key milestone in India's wind energy evolution.
25Apr 26
KPI Green Energy Incorporates ₹2 Crore Subsidiary in GIFT City for Treasury Operations
KPI Green Energy has successfully incorporated a wholly owned subsidiary, KPGC Global Corporation IFSC Private Limited, in GIFT City's IFSC on April 23, 2026. The subsidiary has an authorized and subscribed capital of ₹2 crore and will function as a Group Resource and Capital Treasury Centre, providing centralized treasury and financial management services for the group.
16Apr 26
KPI Green Energy Gets Inter-State Power Trading License To Expand Nationwide Beyond Gujarat
KPI Green Energy Limited has obtained an Inter-State Power Trading Licence (Category IV) from the Central Electricity Regulatory Commission (CERC), marking a significant expansion of its trading capabilities beyond Gujarat. This approval complements the company's existing intra-state licence from GERC, positioning it to operate a comprehensive pan-India power trading platform with access to demand centres across multiple states and diverse customer segments.
14Apr 26
KPI Green Energy Submits SEBI Compliance Certificate for Q4FY26
KPI Green Energy Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26 on April 14, 2026. The certificate from registrar Bigshare Services Private Limited confirms proper processing of dematerialization requests for the quarter ended March 31, 2026, ensuring compliance with depository regulations.
04Apr 26
KP Green Engineering Announces KP Group's IPL Associate Sponsorship with Delhi Capitals
KP Green Engineering Limited has officially announced KP Group's strategic partnership as Associate Sponsor with Delhi Capitals for IPL seasons 2026-2028. The formal disclosure was submitted to BSE under Regulation 30 compliance, with the sponsorship involving multiple KP Group entities including KPI Green Energy Limited and K.P. Energy Limited. The partnership aims to leverage cricket's massive audience to promote renewable energy initiatives and enhance brand visibility across digital and on-ground platforms.
02Apr 26
KPI Green Energy Updates Authorized Key Managerial Personnel for Material Event Disclosures
KPI Green Energy Limited has updated its authorized Key Managerial Personnel framework for determining materiality of events under SEBI regulations, effective April 2, 2026. The company has designated Dr. Faruk G. Patel (Chairman & Managing Director), Mr. Moh. Sohil Yusuf Dabhoya (Whole Time Director), Mr. Salim Yahoo (Chief Financial Officer), and Mr. Krunal Bhatt (Company Secretary & Compliance Officer) as authorized officials. This update ensures compliance with Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and strengthens the company's corporate governance framework for material event disclosures to stock exchanges.
02Apr 26
KPI Green Energy Appoints Krunal Bhatt as Company Secretary and Compliance Officer
KPI Green Energy Limited appointed Mr. Krunal Bhatt as Company Secretary and Compliance Officer effective April 2, 2026, replacing Ms. Rajvi Upadhyay who transitions to a new role within the company. Mr. Bhatt brings over 19 years of experience in corporate governance and regulatory compliance, with previous roles at Arvind Limited, Astral Limited, and Adani Power Limited. The Board of Directors approved the appointment based on the Nomination and Remuneration Committee's recommendation, with the company ensuring full regulatory compliance under SEBI guidelines.
26Mar 26
KPI Green Energy Receives Credit Rating Reaffirmation from ICRA Limited for Bank Facilities and NCDs
KPI Green Energy Limited received credit rating reaffirmation from ICRA Limited on March 25, 2026, covering bank facilities worth Rs. 5775.00 crore and NCDs of Rs. 643.20 crore. Long-term facilities received [ICRA]A (Stable) ratings with outlook revised from Positive to Stable, while short-term facilities were rated [ICRA]A2+. The NCDs maintained their [ICRA]AA+ (CE) (Stable) rating due to explicit credit enhancement, with an underlying rating of [ICRA]A without the enhancement.
24Mar 26
KPI Green Energy Surpasses 1 GW Energized IPP Capacity Milestone With 18x Growth
KPI Green Energy has achieved a major milestone by surpassing 1 GW of energized IPP capacity from its 2.3 GW portfolio, representing 18x growth since FY21. The company has successfully commissioned multiple projects ahead of schedule and secured financial closure across its pipeline with leading institutional lenders, positioning it well to achieve its 10 GW target by 2030.
17Mar 26
KPI Green Energy Secures ₹979 Crore Loan from Canara Bank for 150 MW Gujarat Wind Project
KPI Green Energy Limited has secured a ₹979 crore financing facility from Canara Bank for developing a 150 MW wind power project across Bharuch and Bhavnagar districts in Gujarat. The total project cost of ₹1,241.68 crore will be funded through a 75:25 debt-equity structure, with the facility comprising ₹931 crore term loan and ₹48 crore bank guarantee. The project is backed by 25-year power purchase agreements with GUVNL and will contribute to KP Group's 10 GW renewable energy target by 2030.
13Mar 26
KPI Green Energy Boosts Operational Capacity to 589 MWp After Energizing 35 MWp
KPI Green Energy has expanded its operational Independent Power Producer capacity to 589 MWp after energising an additional 35 MWp of solar capacity. The company maintains a strong development pipeline of 1,582 MWp, positioning its total IPP portfolio at 2.17 GWp. Key projects include the 200 MW Khavda Solar IPP and hybrid renewable energy projects under long-term PPAs with GUVNL, with completion targeted for October 2026.
09Mar 26
KPI Green Energy: Co's Unit Signs Agreement With GUVNL For 445 MW / 890 MWh BESS Projects
KPI Green Energy has formally entered the utility-scale energy storage market through its subsidiary Sun Drops Energia Limited's execution of a Battery Energy Storage Purchase Agreement with GUVNL. The agreement covers development of 445 MW / 890 MWh standalone BESS projects across Gujarat, marking the company's strategic expansion into advanced energy storage solutions beyond traditional renewable energy projects.
20Feb 26
KPI Green Energy Completes 92.4 MW Wind Power Project for Ayana Renewable Power in Gujarat
KPI Green Energy Limited successfully completed a 92.4 MW wind power project for Ayana Renewable Power Four at Nakhatrana, Bhuj, Gujarat, comprising 28 wind turbine generators. The comprehensive project included Balance of Plant, Power Substation, EHV transmission line, and complete WTG installation, with requisite CEA approval received. This achievement demonstrates the company's execution capabilities in large-scale renewable energy infrastructure projects while contributing to India's clean energy transition.
20Feb 26
KPI Green Energy Allots 1.01 Crore Warrants to Promoter Group Entity Quyosh Energia
KPI Green Energy Limited allotted 1,01,00,000 fully convertible equity warrants to promoter group entity Quyosh Energia Private Limited on February 18, 2026. The preferential allotment increases the promoter group's diluted shareholding from 49.49% to 51.95%, representing 4.87% of total diluted share capital. Post-allotment, the company's diluted share capital stands at ₹ 1,03,72,05,365 consisting of 20,74,41,073 equity shares with ₹ 5 face value.
10Feb 26
KPI Green Energy Secures 300 MWac Solar Project Orders from Adani Group at Khavda
KPI Green Energy Limited has secured orders from Adani Group entities for a 300 MWac/405 MWdc solar project at Khavda, Gujarat, encompassing electrical AC-DC works, civil works, and equipment supply. These new contracts bring the company's total orders from Adani Group for Khavda projects to 834 MWac/1,131 MWdc, reinforcing its position as a trusted execution partner for large-scale renewable energy developments. The phased execution aligns with the company's strategy to enhance capabilities across marquee renewable energy projects.
03Feb 26
KPI Green Energy Reports Record Q3 FY26 Results with 45% Revenue Growth
KPI Green Energy delivered exceptional Q3 FY26 results with revenue growing 45% to INR676 crores and EBITDA surging 73% to INR251 crores, marking the seventh consecutive quarter of record performance. Nine-month revenue reached INR1,931 crores, already exceeding the previous full year's INR1,752 crores. The company commissioned 24.2 MW from its GUVNL project and secured major new orders including 152 MW floating solar EPC and 445 MW BESS projects. A landmark MOU with Botswana government for 5 GW renewable capacity demonstrates international expansion strategy, with initial 500 MW targeted within two years.
03Feb 26
KPI Green Energy Receives Commissioning Certificate for 16.16 MWDC Solar Power Project
KPI Green Energy Limited has successfully received the commissioning certificate for its 16.16 MWDC solar power project under the PM-KUSUM scheme, as disclosed through regulatory filing. The company has achieved the distinction of having the highest installed capacity under the scheme within the DGVCL operational area and has commenced renewable energy supply for agricultural pumping requirements, supporting reliable daytime power availability for farmers.
29Jan 26
KPI Green Energy Commences Operations of 200 MW Solar Project at Khavda Solar Park
KPI Green Energy Limited has commenced operations of its 200 MW AC / 240 MW DC solar power project at Khavda Solar Park under a long-term PPA with GUVNL. The facility incorporates advanced technologies including IoT-powered robotic cleaning systems and real-time monitoring capabilities. The project is expected to generate approximately 47.3 crore kWh annually, electrify around 1.3 lakh houses, save 3.4 lakh metric tonnes of CO2 annually, and create 1,000 green jobs, marking a significant milestone in Gujarat's renewable energy expansion.
29Jan 26
KPI Green Energy Targets 25-30% IPP Revenue Share by FY2030, Sun Drops IPO Planned for H1 FY27
KPI Green Energy has set a strategic target for Independent Power Producer revenue to comprise 25-30% of total revenue by FY2030. The company's subsidiary Sun Drops is planning an IPO in the first half of FY27, targeting 50-60% annual growth with an estimated turnover of INR 500-600 crore this year.
23Jan 26
KPI Green Energy Achieves Early Milestone in 250 MW GUVNL Solar Project
KPI Green Energy Limited has successfully commissioned 24.2 MW AC / 34.4 MW DC capacity of its 250 MW AC / 350 MW DC GUVNL solar project, well ahead of the October 2026 contractual schedule. The project was awarded through competitive bidding under RFS dated March 15, 2024, demonstrating the company's strong execution capabilities and commitment to India's renewable energy transition.
21Jan 26
KPI Green Energy Schedules Q3FY26 Earnings Conference Call for January 28, 2026
KPI Green Energy Limited has scheduled an earnings conference call for January 28, 2026, at 2:00 PM IST to discuss Q3FY26 financial results for the quarter and nine months ended December 31, 2025. The call will be organized by Share India Securities Limited and will feature participation from Whole Time Director Moh. Sohil Yusufbhai Dabhoya, Group CEO Dr. Alok Das, and CFO Mr. Salim Yahoo. The announcement was made in compliance with SEBI regulations and communicated to both BSE and NSE.
21Jan 26
KPI Green Energy Reports 42% Jump in Q3 Consolidated Net Profit to ₹1.20 Billion
KPI Green Energy delivered exceptional Q3 financial results with consolidated net profit of ₹1.20 billion, marking a impressive 42.01% year-on-year increase from ₹845 million in the previous year's corresponding quarter. The substantial profit growth of ₹355 million demonstrates the renewable energy company's strong operational performance, effective cost management, and successful execution of its business strategy. This robust financial performance positions KPI Green Energy favorably in the competitive renewable energy sector and reflects its ability to generate significant value for stakeholders.
16Jan 26
KPI Green Energy Limited Board Meeting Scheduled for January 21, 2026 to Consider Q3FY26 Results and Interim Dividend
KPI Green Energy Limited has scheduled a board meeting for January 21, 2026, to consider Q3FY26 standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. The board will also deliberate on recommending a third interim dividend for FY2025-26. The meeting complies with SEBI listing regulations, and the trading window closure will end 48 hours after results publication.
16Jan 26
KPI Green Energy Secures 534 MW Solar BoS Orders from Adani Green Energy at Khavda, Gujarat
KPI Green Energy Limited has secured orders for Balance of System package covering 534 MW solar power projects at Khavda, Gujarat from Adani Green Energy entities. The orders include supply of goods and onsite services encompassing manufacturing, installation, testing, and commissioning. The company stated these orders strengthen its position in utility-scale solar execution and align with its BoS and EPC expansion strategy.
16Jan 26
KPI Green Energy Secures 534 MW Solar Project Orders from Adani Green Energy in Gujarat
KPI Green Energy has secured orders for goods and onsite services for 534 MW solar power projects in Khavda, Gujarat, from Adani Green Energy Ltd and Adani Green Energy Six Ltd. This significant business win strengthens the company's position as a reliable partner in India's renewable energy sector and demonstrates its capability to execute large-scale solar projects.
12Jan 26
KPI Green Energy inks ₹4,000-crore pact with Gujarat govt for RE projects
KPI Green Energy signed a ₹4,000-crore agreement with Gujarat government on January 12, 2026, for renewable energy projects development across multiple state locations. The pact, formalized during Vibrant Gujarat Regional Conference, will be implemented in phases subject to statutory approvals. This follows the company's December 2025 $4-billion MoU with Botswana and strengthens its renewable energy portfolio expansion strategy.
12Jan 26
KPI Green Energy Signs ₹4,000 Crore MoU with Gujarat Government for 855 MW Renewable Energy Projects
KPI Green Energy Limited has signed a ₹4,000.00 crore MoU with the Government of Gujarat on January 12, 2026, for developing 855 MW renewable energy projects. The portfolio includes solar power projects and ISTS-connected wind-solar hybrid projects across Devbhumi Dwarika and Kutch, with estimated employment generation of over 4,000 people. The projects will be implemented in phases subject to statutory approvals, with Gujarat government facilitating necessary permissions and clearances.
05Jan 26
KPI Green Energy Gets 445 MW/890 MWh Battery Storage Projects from GUVNL
KPI Green Energy has secured a significant 445 MW/890 MWh standalone Battery Energy Storage System project from Gujarat Urja Vikas Nigam Limited through its subsidiary Sun Drops Energia Private Limited. This milestone represents the company's first utility-scale BESS project and marks strategic expansion into energy storage segment, positioning it to capitalize on growing demand for grid stability solutions in India's renewable energy sector.
03Jan 26
KPI Green Energy: Promoter Group Acquires 15.99 Lakh Shares in Open Market
KPI Green Energy's promoter group entity Quyosh Energia Private Limited has made a substantial acquisition of 15,99,029 shares through open market transactions over three days in late December 2025. This acquisition increased the entity's shareholding from a nominal 500 shares to 15,99,529 shares, representing 0.81% of the company's total equity, signaling strong promoter confidence in the renewable energy company's future prospects.
02Jan 26
KPI Green Energy: Gujarat Power Project Starts Generating and Supplying Power Early
KPI Green Energy Limited successfully started power generation from its 92.15 MWp hybrid renewable energy project awarded by Gujarat Urja Vikas Nigam Limited, well ahead of the scheduled July 2026 completion date. The project combines 16.95 MW wind capacity with 75.20 MWp solar capacity and has achieved grid synchronization, marking the beginning of sustained revenue contribution through a long-term Power Purchase Agreement.
01Jan 26
KPI Green Energy Receives Charging Approval for 32.40 MW Solar Projects
KPI Green Energy Limited has secured charging approval for 32.40 MW solar and hybrid solar power projects under its Captive Power Producer business segment. The projects were developed for clients including the company's subsidiary Sun Drops Energia Private Limited, with approval received in respective client names. The company announced this milestone through a SEBI Regulation 30 filing, highlighting its operational capabilities and expansion in the renewable energy sector.
31Dec 25
KPI Green Energy Shares Rally 27% in Two Days on Strong Volume and Technical Strength
KPI Green Energy shares surged 8% to ₹513.60, extending gains to 27% over two trading sessions on exceptional volumes of 24.74 lakh shares versus a two-week average of 4.11 lakh shares. Technical indicators show strength with the stock trading above all key moving averages and RSI at 62.8, while recent performance includes gains of 22.4% in two weeks and 19.8% in one week.
24Dec 25
KPI Green Energy Schedules EGM for ₹475 Crore Preferential Issue on January 16
KPI Green Energy Limited has scheduled an Extra-Ordinary General Meeting on January 16, 2026 at 11:00 AM via video conference to seek shareholder approval for its ₹475 crore preferential issue of 1.01 crore equity warrants to promoter group entity Quyosh Energia Private Limited. The warrants, priced at ₹470.30 each, will fund IPP project development, working capital, and general corporate purposes, with conversion allowed within 18 months of allotment.
24Dec 25
KPI Green Energy Secures ₹128.49 Crore Green Hydrogen and Waste-to-Energy Project from NTPC
KPI Green Energy has been awarded a ₹128.49 crore contract by NTPC for a green hydrogen and waste-to-energy project at NTPC's Greater Noida facility. The project will utilize plasma gasification technology for waste-to-energy conversion, marking KPI Green Energy's entry into the green hydrogen sector. This contract represents a significant expansion for the company beyond its traditional solar and wind power segments, aligning with India's national hydrogen mission and circular economy objectives.
19Dec 25
KPI Green Energy Receives ISO/IEC 27001:2022 Certification for Information Security Management System
KPI Green Energy has obtained ISO/IEC 27001:2022 certification for its Information Security Management System. This certification validates the company's robust cybersecurity standards and effective data protection methods. It demonstrates KPI Green Energy's commitment to implementing comprehensive information security management practices and maintaining high-level cybersecurity standards.
12Dec 25
KPI Green Energy Board Meeting on December 17 for Equity Fundraising Proposal
KPI Green Energy Limited has announced a board meeting for December 17, 2025, to discuss raising funds through equity or equity-linked securities to promoters and promoter groups via private placement or preferential issue. The company has implemented a trading window closure from December 12, 2025, in compliance with SEBI regulations, affecting all insiders until 48 hours after the meeting outcome declaration.
19Nov 25
KPI Green Energy and Inox Solar Join Forces to Develop 2.5 GW Renewable Energy Projects
KPI Green Energy and Inox Solar have formed a strategic partnership to jointly develop 2.5 GW of solar and hybrid renewable energy projects across multiple states in India. KPI Green Energy will handle project development, land acquisition, approvals, and EPC works, while Inox Solar will supply solar modules and provide commissioning services. This collaboration aims to accelerate India's progress towards its renewable energy targets and contribute to the country's clean energy transition.
18Nov 25
KPI Green Energy Reports Robust Q2 FY26 Results with 78% Revenue Surge
KPI Green Energy Limited reported robust Q2 FY26 results with total revenue up 78% to INR 641.10 crores. EBITDA grew 73% to INR 232.40 crores, and PAT increased 67% to INR 117.00 crores. The company secured significant financing, including a INR 670.00 crores green bond and a INR 3,200.00 crores term loan from SBI. KPI Green Energy is progressing on several large-scale solar and hybrid projects, and has won new orders including a 200-megawatt solar project with SJVN. The company is also expanding into emerging technologies through strategic partnerships.
07Nov 25
KPI Green Energy Reports Record Q2 Results, Declares Second Interim Dividend
KPI Green Energy Limited achieved its sixth consecutive quarter of highest-ever revenue, with consolidated revenue increasing by 77.40% to ₹641.10 crore in Q2. Profit after tax rose by 67.00% to ₹116.60 crore. The company declared a second interim dividend of 5% and secured significant financial backing, including a ₹670.00 crore green bond issuance and a ₹3,200.00 crore sanction from State Bank of India for solar and hybrid projects.
06Nov 25
KPI Green Energy Secures 150 MW Wind Project PPA with GUVNL
KPI Green Energy Limited has signed a Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 150 MW grid-connected wind power project in Gujarat. The PPA, valid for 25 years, sets a fixed tariff of ₹3.64 per unit with power supply commencing from November 3, 2027. This agreement aligns with KPI Green's goal of achieving 10 GW of installed renewable capacity by 2030 and strengthens its position in the renewable energy sector.
29Oct 25
KPI Green Energy and F Plus Healthcare Technologies Forge Global Partnership for Sustainable Data Centers
KPI Green Energy and F Plus Healthcare Technologies have formed a strategic global partnership to develop sustainable infrastructure in healthcare and technology sectors. The collaboration focuses on creating green modular data centers and high-tech facilities powered by renewable energy solutions. KPI Green Energy will provide solar, wind, hybrid energy systems, and green hydrogen solutions for F Plus Healthcare's projects in conventional infrastructure, pharmaceutical facilities, and biotech centers. The partnership aims to explore opportunities in India, the Middle East, and Africa, with the goal of creating low-carbon digital ecosystems and contributing to global net-zero emissions efforts.
28Oct 25
KP Group and Fabtech Group Forge Global Alliance for Green Energy in Healthcare Infrastructure
KPI Green Energy and Fabtech Group have formed a strategic partnership to develop green energy-powered life sciences projects globally. The collaboration, formalized through an MoU, aims to create sustainable, low-carbon digital ecosystems in the pharma, biotech, and healthcare sectors. KPI Green Energy will provide renewable energy solutions, including solar, wind, and green hydrogen-based power, for Fabtech's projects in India, the Middle East, and Africa. Additionally, KPI Green Energy received approval for 40.96 MW of Solar and Wind-Solar Hybrid power projects under its CPP business segment.
28Oct 25
KPI Green Energy Secures Charging Approval for 40.96 MW Solar and Wind-Solar Hybrid Projects
KPI Green Energy Limited has received charging/energization approval for 40.96 MW of Solar and Wind-Solar Hybrid power projects in its Captive Power Producer (CPP) business segment. The projects were developed by KPI Green Energy and its subsidiary, Sun Drops Energia Private Limited, for their respective clients. This approval demonstrates the company's diversified approach to renewable energy solutions and its strong execution capabilities in the green energy sector.
17Oct 25
KPI Green Energy Secures ₹696.50 Crore Solar Project from SJVN Limited
KPI Green Energy has been awarded a 200 MW solar project by SJVN Limited, valued at ₹696.50 crores. The project will be developed at the GIPCL Renewable Energy Park in Khavda, Gujarat. This contract marks a significant expansion for KPI Green Energy in India's renewable energy sector and aligns with the country's goals for sustainable power generation and carbon emission reduction.
10Oct 25
KPI Green Energy Secures Category A Power Trading License, Boosting Growth Potential
KPI Green Energy Limited has obtained a Category A Power Trading License from the Gujarat Electricity Regulatory Commission (GERC). This license allows the company to participate directly in power markets, align power sales with demand, optimize revenue, and support India's clean energy transition. The company can now access power exchanges, offer verifiable green energy blocks, enable transparent pricing, and support faster onboarding for open-access consumers. Additionally, KPI Green Energy's subsidiary, Sun Drops Energia Private Limited, has been awarded a 100 MW Solar Power Project on a turnkey basis under the DCR module category.
09Oct 25
KPI Green Energy Secures 100 MW Solar Project Contract
KPI Green Energy's subsidiary, Sun Drops Energia Private Limited, has been awarded a 100 MW solar project contract under the Captive Power Producer segment. The project includes development, supply, service, and O&M for the operational life, implemented on a turnkey basis using DCR module category. Awarded by multiple industrial investors under DREBP Policy, the project is expected to be completed in various tranches by FY 2026-27.
30Sept 25
KPI Green Energy Forges Strategic Partnership with South Korea's Jeonbuk Province for Global Green Hydrogen Initiative
KPI Green Energy, a KP Group subsidiary, has signed an MOU with South Korea's Jeonbuk Province and energy companies GH2 Solar Limited and AHES Co., Ltd. The partnership aims to advance global green hydrogen efforts through technology exchange, joint project development, and market expansion. This collaboration aligns with KP Group's renewable energy portfolio and India's clean energy goals, while offering Jeonbuk Province opportunities to boost its hydrogen companies in international markets.
26Sept 25
KPI Green Energy Expands Business Scope with Shareholder Approval
KPI Green Energy Limited's shareholders approved alterations to the company's Main Object Clause at its 17th AGM. The changes allow the company to diversify into various forms of electricity generation, including thermal, hydro, nuclear, solar, wind, and more. The resolution received 99.99% approval. Other key resolutions passed include dividend declarations, reappointment of directors, and increases in borrowing and investment limits.
25Sept 25
KPI Green Energy Secures ₹3,200 Crore Financing from SBI for Massive Solar and Hybrid Projects in Gujarat
KPI Green Energy Limited has obtained a ₹3,200 crore sanction from the State Bank of India to fund solar and hybrid IPP projects in Gujarat, totaling over 1 GWp capacity. The financing will support a 250 MW (AC) / 350 MWp (DC) Solar Power Project and a 370 MW Hybrid Power Project. Both projects have 25-year PPAs with GUVNL and will be financed with a 75:25 debt-equity ratio. The projects are expected to eliminate over 1.5 million tonnes of CO₂ emissions annually and contribute to KP Group's target of achieving 10 GW capacity by 2030.
18Sept 25
KPI Green Energy Lists Landmark ₹670 Crore Green Bond on NSE
KPI Green Energy has listed a ₹670 crore green bond on the NSE, marking India's first externally credit-enhanced green bond. The 5-year bond offers an 8.50% coupon rate with quarterly amortization and features a 65% partial guarantee from GuarantCo. Rated AA+(CE) by CRISIL and ICRA, the bond will fund the expansion of solar, wind, and hybrid projects. KPI Green Energy aims to reach 10 GW capacity by 2030, with the bond expected to provide clean electricity to 210,000 people and businesses annually, avoiding 344,000 tonnes of carbon emissions each year.
16Sept 25
KPI Green Energy Pioneers India's First Credit-Enhanced Green Bond, Raising Rs 670 Crore
KPI Green Energy has launched and listed India's first externally credit-enhanced green bond worth Rs 670 crore on the National Stock Exchange. The five-year bond offers an 8.5% annual coupon rate and is rated AA+(CE) by CRISIL and ICRA, backed by a 65% guarantee from GuarantCo. Proceeds will fund solar, wind, and hybrid power projects in Gujarat, aiming to provide clean power to 2.10 lakh people annually and reduce carbon emissions by over 3.40 lakh tonnes yearly. The company targets developing 1 GW of renewable capacity by FY26 and aims for 10 GW by 2030.
11Sept 25
KPI Green Energy Secures INR 670 Crore Through Green Bond Issue
KPI Green Energy Limited has successfully raised INR 670 crore through the issuance of green bonds. The company allotted 67,000 secured, listed, rated, senior, redeemable, transferable, non-convertible certified 'green' bonds via private placement. These bonds carry an 8.50% annual coupon rate with a 60-month tenure, maturing on September 11, 2030. The bonds are secured by first-ranking charges over power projects totaling 110.7 MW from KPI Green Energy and its subsidiaries. The repayment structure includes quarterly payments of interest and principal over the 5-year period.
03Sept 25
KP Green Forges Strategic Partnership for 100,000 TPA Green Ammonia Plant in India
KPI Green Energy Limited has formed a partnership with AhES Co. Ltd. of South Korea and GH2 Solar Ltd. of India to establish a 100,000 TPA green ammonia production facility in India. The 15-year collaboration involves KPI Green Hydrogen & Ammonia Private Limited as the primary operator, with AhES and GH2 Solar providing technical support and offtake arrangements. The project aims to supply green ammonia to markets in South Korea, Japan, and other international destinations, utilizing renewable energy solutions from KP Group entities. This initiative aligns with India's National Green Hydrogen Mission and supports the country's carbon reduction goals.
02Sept 25
KPI Green Energy Secures 670 Crore Rupees Through Green Bond Private Placement
KPI Green Energy's Debenture Committee has approved the issuance of ₹670 crore worth of green bonds through private placement. The bonds are secured, listed, rated, senior, redeemable, transferable, and non-convertible, with a 60-month tenure and an 8.50% annual coupon rate. They will be backed by security including fixed and floating charges over specified assets and projects. The bonds will be listed on the National Stock Exchange's Negotiated Trade Reporting Platform.
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